Adipic acid price is driven upward by cost after the festival

After the festival, the domestic adipic acid market was stable and on the rise, with an increase of 0.5% in two working days after the festival. In some areas, the price of dealers was mainly up on a tentative basis, and the market price was uneven. Some East China manufacturers reported more than 9000, and there was speculation in the market, so there were few high price transactions. Market support factors mainly come from the cost side: pure benzene rose sharply after the festival, and rose by more than 8% in the two working days from the 18th to the 19th. Upstream costs are still supported.

 

PVA

In terms of local markets:

 

After the festival, the market of adipic acid in East China went up slightly, and dealers entered the market one after another. The market inquiry is normal, the high price transaction is not much, the current market quotation is uneven, the manufacturer inventory pressure is general, the shipment is normal, today’s market mainstream prices are: Shandong source 8400-8600 yuan / ton acceptance price, Jiangsu source acceptance price 8500-8700 yuan / ton. In the downstream, rigid demand is the main source, and the demand has stabilized. In the near future, the market is relatively stable, and the price has been adjusted in a narrow range.

 

The market of adipic acid in South China has risen slightly, and some dealers have made offers in the market one after another. At present, the price is still high. At present, the market quotation is chaotic, the high price transactions are rare, and the manufacturers’ inventory pressure is general. They gradually transfer to the dealers’ inventory. Today’s market mainstream prices are: Shandong’s 8500-8700 yuan / ton acceptance price, Jiangsu’s 8600-8800 yuan / ton acceptance price, and most of them are downstream Just need to purchase.

 

In the future, adipic acid will be gradually affected by the cost factors in the later period, and there is still room for the price to go up. The supply and demand side is relatively stable, and the supply pressure is still relatively prominent, so it is difficult for the market to cater to the excessively high prices. It is expected that the market will be easy to rise and difficult to fall in the near future, but the rising space is uncertain.

http://www.pva-china.net

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